Focus on industrial growth, Mahana tells Noida, Greater Noida and YEIDA | noida | Hindustan Times
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Focus on industrial growth, Mahana tells Noida, Greater Noida and YEIDA

Greater Noida has around 1,000 acres of industrial land, Noida has 500 hectares and the Yamuna Expressway industrial development authority (YEIDA) said it has earmarked 600 acres of agricultural land for industrial purpose.

noida Updated: Jul 27, 2017 23:28 IST
Vinod Rajput
Sector 63 industrial area.
Sector 63 industrial area.(Sunil Ghosh/HT File Photo)

Industries minister Satish Mahana has directed the three industrial authorities — Noida, Greater Noida and Yamuna Expressway — to encourage industrialists and entrepreneurs to invest in their respective industrial schemes to boost the local economy and create jobs for youth.

Mahana’s direction came at a meeting held in Lucknow on Wednesday. Top officials, including Noida authority chief executive officer (CEO) Amit Mohan Prasad, Greater Noida authority CEO Debasish Panda and Yamuna Expressway authority CEO Arun Vir Singh were present in the meeting.

The heads of the authorities informed the minister about the land bank available in their respective areas.

Greater Noida has around 1,000 acres of industrial land, Noida has 500 hectares and the Yamuna Expressway industrial development authority (YEIDA) said it has earmarked 600 acres of agricultural land for industrial purpose.

“The minister asked us to ensure speedy clearances for industrial projects. The idea is that if anyone wants to invest here the authorities must ensure that investors have ease of doing business. We need to handhold and provide required assistance so that an entrepreneur can start business quickly without any inconvenience related to clearances, be it environmental, map sanction or any other approval,” said Panda.

Mahana also discussed Noida’s industrial scheme in the meeting. Out of its 500 acres of industrial land, the Noida authority has decided to carve out small plots in Sector 155 for industrial use. Apart from this, the authority will also come up with two more such sectors — 156 and 157 — both along the Noida-Greater Noida Expressway.

“We will launch the industrial plot scheme in August-end. With this scheme, we want to encourage industrialists to invest here and create jobs,” said Prasad.

After the Jewar airport project got the green signal from the Union civil aviation ministry, YEIDA hopes that demand for industrial schemes will increase.

“We have adequate land available along the Yamuna Expressway. If any corporate house wants the land, we can make it available,” said Singh.